Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, August 13, 2020.

GUERNSEY LIGHT SWEET (NE2) Aug 2020 (NYMEX:QGSW.Q20)

Long-Term Downtrend (-90) - QGSW.Q20 is in a strong downtrend that is likely to continue. While QGSW.Q20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QGSW.Q20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QGSW.Q20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QGSW.Q20
Open High Low QGSW.Q20 Price Change
-2.149 -2.149 -2.149 -2.149 0.000
Entry Signal

MarketClub’s Trade Triangles for QGSW.Q20

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QGSW.Q20

Based on our trend formula, QGSW.Q20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QGSW.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-2.149 -2.149 -2.149 -2.149 0.000
Prev. Close Volume Bid Ask Time
-2.149 0 2020-07-28 00:00:00
Volatility405.61Expiration2020-07-24
Get a free daily analysis and signals for GUERNSEY LIGHT SWEET (NE2) Aug 2020 (QGSW.Q20) - Request Your Free Report.